LIMITED WARRANTY TERMS FOR PV MODULES

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LIMITED WARRANTY TERMS FOR PV MODULES Ref. : RNS-WARRANTY-001 Version : 2012-02 Updated on :2012-06-10 Customer Service Renesola Jiangsu Ltd..27, QingYuan Road (East), YiXing Economic Development Zone, YiXing City, Jiangsu Province, China 214200 Customer Service hot line: +86-510-8712 9217 Fax: +86-510-8712 0623 Email: jcservices@renesola.com Http://www.renesola.com

contents Model of the modules 02 Limited Product Warranty Ten Years Repair, Replacement or Refund Remedy 03 Limited Peak Power Warranty - Limited Remedy 03 Exclusions and Limitations 04 Liability Limitation of Warranty 05 Obtaining Warranty Performance 05 Severability 06 Technical Disputes 06 Miscellaneous 06 Warranty Transfer 06 Force Majeure 07 Validity 07 Applicable Law and Dispute Settlement 07 Customer Claims Procedure 08

Silicon terrestrial photovoltaic modules manufactured by RENESOLA JIANGSU (Hereinafter referred to as MODULES ). Model of the modules RENESOLA JIANGSU Standard PV Module Product Model Names covered under this warranty are: JC***S-24/Ab JC***M-24/Ab JC***M-24/Abv JC***S-24/Bb JC***M-24/Bb JC***M-24/Bbv JC***M-24/Bbv-b JC***S-24/Db JC***S-24/Db-b JC***S-24/Bb-b Explications JC: ReneSola Jiangsu S : Single ( Mono ) M: Multi ( Poly ) V : VIRTUS te: The *** placeholder is explained by the reference(s) defined in the SPECIFICATIONS which are included in the corresponding sales contract. VIRTUS is one kind of poly module. We add the word v in the product model name for the VIRTUS. For example: JC***M-24/Abv. For the standard solar module types listed above, RENESOLA JIANGSU shall warrant its Photovoltaic Solar Modules performance starting from the date of sale shown in the invoice to the immediate customer ( CUSTOMER ) of RENESOLA JIANGSU (the WARRANTY START DATE ). Limited Product Warranty Ten Years Repair, Replacement or Refund Remedy RENESOLA JIANGSU warrants its Photovoltaic Solar Modules (MODULES) type listed above, including factory-assembled DC connectors and cables, if any, to be free from macro defect in materials and workmanship under normal application, installation, utilization and service conditions. If MODULES fail to conform to this warranty, during the period of 10 years from the WARRANTY START DATE, RENESOLA JIANGSU will, at its option, either repair or replace the product, or refund the then current market price of the MODULES when the CUSTOMER makes the claim. The repair or replacement or refund remedy set forth in this clause 2 shall be the sole and exclusive remedy provided under the Limited Product Warranty and shall not extend beyond the ten-year product warranty period set forth herein. This Limited Product Warranty does not warrant a specific power output, which shall be exclusively covered under clause 3 hereinafter ( Limited Peak Power Warranty ). Limited Peak Power Warranty - Limited Remedy For a period of 25 years from the WARRANTY START DATE, concerning the loss of power output compared with the nominal peak power output specified in relevant product data sheet and measured at standard test conditions (STC), RENESOLA JIANGSU warrants that For all RENESOLA JIANGSU s modules: the peak power output specified in relevant product data sheet has a positive allowance 0~+5W based on RENESOLA JIANGSU exworks testing data. For the MULTI-CRYSTALLINE MODULES (JC***M-24/Ab, JC***M-24/Bb) : the loss of power output should be less than 2.5% in the first year, and thereafter, the power output degrades linearly ending more than 80% in the 25th year after the WARRANTY START DATE; For the VIRTUS MODULES (JC***M-24/Abv, JC***M-24/Bbv, JC***M-24/Bbv-b) : the loss of power output should be less than 3% in the first year, and thereafter, the power output degrades linearly ending more than 80% in the 25th year after the WARRANTY START DATE; For the SINGLE-CRYSTALLINE MODULES (JC***S-24/Ab, JC***S-24/Bb, JC***S- 24/Db, JC***S-24/Db-b, JC***S-24/Bb-b) : the loss of power output should be less than 3.5% in the first year, and thereafter, the power output degrades linearly ending more than 80% in the 25th year after the WARRANTY START DATE. If there is any excess power output loss, and it is determined by RENESOLA JIANGSU (at its sole and absolute discretion) to be due to defects in material or workmanship, RENESOLA JIANGSU will, at its sole option, provide additional MODULES to the CUSTOMER or replace the defective MODULE(s) to make up for such loss in power, or refund the percentage of the cost of the MODULE (according to the current market price of the MODULE when the CUSTOMER makes the claim) to the CUSTOMER, corresponding to the power loss discrepancy from the warranted value stated above. The remedies defined in this clause shall be the sole and exclusive remedies provided under the Limited Peak Power Warranty. 02 03

Exclusions and Limitations (1) In any event, all warranty claims must be presented within the applicable warranty period for this warranty to be effective. (2) The Limited Product Warranties and the Limited Peak Power Warranty do not apply to any MODULES which have been subjected to: Misuse, abuse, neglect or accident; or Alteration, improper installation, or application or damage due to transportation which the CUSTOMER is responsible for; or n-observance of RENESOLA JIANGSU s Photovoltaic Modules Installation Manual (REF: RNS-Installations-001); Repair or modifications by someone other than a service technician approved by RENESOLA JIANGSU; Power failure surges, lightning, flood, fire, accidental breakage,actions of third parties, or other events outside RENESOLA JIANGSU s reasonable control. Damages due to abnormal environmental conditions, including, without limitation, improper voltage, acid rain, mobile or marine environment and other pollution and damages due to defective construction base on which the MODULES are mounted. Damages due to external corrosion, mold discoloration or the like. Damages due to movement from their original installation. (3) Both the Limited Product Warranty and Limited Peak Power Warranties do not cover any costs associated with installation, removal or re-installation of the PV-modules and (except as explicitly set forth in the final paragraph of Section 6) customs clearance or any other costs for return of the MODULES. (4) Warranty claims will not be honored if the type or serial number of the MODULES have been altered, removed or made illegible. Liability Limitation of Warranty These Limited Warranty for PV Modules as set forth herein are expressly in lieu of and exclude all other express or implied warranties, including but not limited to warranties of merchantability and of fitness for particular purpose, use, or application, and all other obligations or liabilities on the part of RENESOLA JIANGSU, unless such other obligations or liabilities are expressly agreed to in writing signed and approved by RENESOLA JIANGSU. Under no circumstances shall RENESOLA JIANGSU be liable for any indirect, incidental, consequential, special, or punitive damages, including, without limitation, loss of profit or revenue, loss of business opportunities, loss of production, loss of goodwill or reputation, arising from the breach of this Limited Warranty for PV Modules regardless of the type of claim and even if RENESOLA JIANGSU has been advised of the possibility of such damages. The aggregate maximum liability of RENESOLA JIANGSU, if any, in damages or otherwise, shall not exceed the invoice value as paid by CUSTOMER, for the purchase order including the MODULES which cause damages. Obtaining Warranty Performance If the CUSTOMER has a justified claim covered by this Limited Warranty for PV Modules, an immediate notification in writing directly to RENESOLA JIANGSU shall be filed by mailing a registered letter to the address of RENESOLA JIANGSU listed hereunder, or, sending an email letter to the email account of RENESOLA JIANGSU listed hereunder. Together with the notification, the CUSTOMER should enclose the evidence of the claim with the corresponding serial number of the MODULE(s) and the date on which the MODULES have been purchased. An invoice with clear indication of the contract number purchase date, purchase price, module type, stamp or signature of RENESOLA JIANGSU or its distributors should also be submitted as part of the evidence. The CUSTOMER should follow the attached RENESOLA JIANGSU s Customer Claim Procedure and RENESOLA JIANGSU may provide the copy of such procedure to CUSTOMER when required. The return of any MODULES will not be accepted unless prior written authorization has been given by RENESOLA JIANGSU. In connection with both the Limited Product Warranty and Limited Peak Power Warranty, RENESOLA JIANGSU shall take in charge of all the fee for reasonable and customary transportation charges by sea freight for the reshipment of any repaired or replaced MODULES. 04 05

Severability If a part, provision or clause of this Limited Warranty for PV Modules, or the application thereof to any person or circumstance, is held invalid, void or unenforceable, such holding shall not affect and shall leave all other parts, provisions, clauses or applications of this Limited Warranty for PV Modules, and to this end, such other parts, provisions, clauses or applications of this Limited Warranty for PV Modules shall be treated as severable. Technical Disputes In case of any dispute on technical facts relating to a warranty-claim, a first-class international test-institute such as Fraunhofer ISE in Freiburg/ Germany, TÜV Rheinland, VDE or PTL in Arizona State University shall be engaged to provide test results which will be reference to the judgment from technical side. All fees and expenses shall be born by the responsible party or the final losing party, unless otherwise awarded. The final optional right in connection with test institute shall be owned by RENESOLA JIANGSU. Miscellaneous The repair or replacement of the MODULES or the supply of additional MODULES does not cause the beginning of new warranty terms, nor shall the original terms of this Limited Warranty for PV Modules be extended. Any replaced MODULES shall become the property of RENESOLA JIANGSU at its disposal. RENESOLA JIANGSU has the right to deliver another type (different in size, color, and shape and/or power) in case RENESOLA JIANGSU has discontinued producing the same type of product as replaced MODULES. Warranty Transfer This warranty is transferable provided that the MODULES remains installed in its original installation location and the transferee must hold the MODULES or the projects in which such MODULES are used and such transfer is subject to RENESOLA JIANGSU s prior written consent. Force Majeure RENESOLA JIANGSU shall not be responsible or liable in any way to the CUSTOMER or any third-party arising from any non-performance or delay in performance of any terms and conditions of sale, including this "Limited Warranty for PV Modules", due to acts God, war, riots, strikes, warlike conditions, plague or other epidemics, fire, flood, unavailability of suitable and sufficient labor, raw material,capacity or technical or yield failures, or any other similar cause or circumstance beyond the reasonable control of such RENESOLA JIANGSU, including, without limitation, any technological or physical event or condition which is not reasonably known or understood at the time of the sale of the defective MODULES. In such cases, performance by RENESOLA JIANGSU of this Limited Warranty shall be suspended without liability for the period of delay reasonably attributable to such causes. Validity This Limited Warranty for PV Modules is valid for all MODULES in the defined contract (s) dispatched from RENESOLA JIANGSU s factory. minal Power in Datasheet is the power in Watt peak that a PV-module generates in its Maximum Power Point under STC condition. STC are as follows: (a) Light spectrum of AM 1.5, (b) An irradiation of 1000 W per m2 and (c) A cell temperature of 25 C centigrade at right angle irradiation. The measurements are carried out in accordance with IEC 61215 as tested at the connectors or junction box terminals as applicable per calibration and testing standards of RENESOLA JIANGSU valid at the date of manufacture of the PV-modules. Applicable Law and Dispute Settlement This Limited Warranty for PV Modules shall be governed by and interpreted under the laws of Hong Kong (irrespective of its choice of law principles). Except for the technical disputes specified in Section 8 above herein, all disputes arising out of or in connection with this Limited Warranty for PV Modules shall, unless amicably settled between the parties, shall be settled by arbitration in Hong Kong under the Hong Kong International Arbitration Centre Administered Arbitration Rules in force when the tice of Arbitration is submitted in accordance with these Rules. The language of arbitration shall be English. The award of the Arbitrators will be final and binding upon the Parties. Provided that there is any inconsistency between the sale s contracts to which this Limited Warranty for PV Modules is attached and this article 13, the terms and conditions of the sales contract shall prevail. This document constitutes part of the contract and valid automatically when the contract is signed. 06 07

Customer Claims Procedure 1) Confirmation of the base information 2) Treatment of customer s claim Input Action/Responsible Marking&Sales Quality Customer service Output Comments Input Action/Responsible RENESOLA CUSTOMER Professional Institute Output Comments Claims of customer 100 Reception of information and initilization of analysis 110 Enough information? 120 Communicate with customer about all the needed info 110: Information needed: see table as below List into claims data-base and initialize the treament Enough claims information 200 Initialization of analysis of claims information 210 Responsibility is clear 220 Need a 3 rd party to do assessment 230 Intervention of a 3 rd party Containment action Professional assessment report Objective of Containment action is to minimize the lose and the eventual bad influce,it should be fully done by both sides 220: The choice of 3 rd party should cover the requirments of insurance company Claims information N 0 Criteria Information from customer Date of claim Contact person of customer 240 Fully Renesola, s responsibility 250 Fully customer, s responsibility 8D& eventual compensation decisions Technical support from Renasola if needs 250: Even if fully our customers, responsibility, Renesola should do Maximum to help our customer such as technical support Base Contact info of customer(e-mail, Tel, Fax) info Customer name Barcode(s) Part reference(mono / Poly / Virtus) 260 Responsibilities should be shared Professional assessment report 260: 8D& The responsibilities responsibility should be shared based shared on the Professional assessment report Defects description Description Qty of defect parts of defects Detection place:customer, s reception or assembly process... Defect Sampling received from Customer Batch number: Traceability Delivery number: of parts B/L information: Qty of parts in customer, s warehouse Others 08 09